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Chubu Suisan Co (NGO:8145) Days Inventory : 22.49 (As of Dec. 2023)


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What is Chubu Suisan Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chubu Suisan Co's Average Total Inventories for the three months ended in Dec. 2023 was 円2,418 Mil. Chubu Suisan Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円9,813 Mil. Hence, Chubu Suisan Co's Days Inventory for the three months ended in Dec. 2023 was 22.49.

The historical rank and industry rank for Chubu Suisan Co's Days Inventory or its related term are showing as below:

NGO:8145' s Days Inventory Range Over the Past 10 Years
Min: 11.46   Med: 16.39   Max: 35.6
Current: 33.19

During the past 13 years, Chubu Suisan Co's highest Days Inventory was 35.60. The lowest was 11.46. And the median was 16.39.

NGO:8145's Days Inventory is ranked better than
54.97% of 302 companies
in the Retail - Defensive industry
Industry Median: 36.205 vs NGO:8145: 33.19

Chubu Suisan Co's Days Inventory declined from Dec. 2022 (37.17) to Dec. 2023 (22.49).

Inventory Turnover measures how fast the company turns over its inventory within a year. Chubu Suisan Co's Inventory Turnover for the three months ended in Dec. 2023 was 4.06.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Chubu Suisan Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.23.


Chubu Suisan Co Days Inventory Historical Data

The historical data trend for Chubu Suisan Co's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chubu Suisan Co Days Inventory Chart

Chubu Suisan Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.68 20.59 22.03 28.88 35.60

Chubu Suisan Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.17 41.38 38.99 35.22 22.49

Competitive Comparison of Chubu Suisan Co's Days Inventory

For the Food Distribution subindustry, Chubu Suisan Co's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chubu Suisan Co's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Chubu Suisan Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chubu Suisan Co's Days Inventory falls into.



Chubu Suisan Co Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Chubu Suisan Co's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (2957.4 + 3724.076) / 2 ) / 34253.126*365
=3340.738 / 34253.126*365
=35.60

Chubu Suisan Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (3055.878 + 1780.991) / 2 ) / 9813.307*365 / 4
=2418.4345 / 9813.307*365 / 4
=22.49

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Chubu Suisan Co  (NGO:8145) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Chubu Suisan Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Chubu Suisan Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=2418.4345 / 10370.548
=0.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Chubu Suisan Co Days Inventory Related Terms

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Chubu Suisan Co (NGO:8145) Business Description

Traded in Other Exchanges
N/A
Address
No. 22 Kawanami Atsuta-ku, Nagoya, JPN
Chubu Suisan Co Ltd is a Japan-based company engages in the wholesale of fish and marine products. It offers fresh, frozen, and processed fish. It is also involved in manufacturing feed and fish meal; and real estate leasing activities, as well as provide refrigerated warehousing services.

Chubu Suisan Co (NGO:8145) Headlines

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